Debt Fee Increase for Water Bills for 4th Quarter 2018
The Bond Debt Fee has been changed for this billing cycle. By vote of the Board of Water Commissioners on October 29, 2018, the "Bond Debt Fee" has been changed to a "Debt Fee" and includes the loan for the acquisition of 585 Main Street, as approved by vote of the Special District Meeting on October 10, 2018.
The Debt Fee of $53.00, charged quarterly per unit, is comprised of the following projects:
Project | Cost | Per Unit |
North Acton Water Treatment Plant | $ 6,000,000 | $14.75 |
16 Knox Trail land acquisition and | ||
Hayward and Stow new water mains | $ 2,135,000 | $ 7.00 |
South Acton Water Treatment Plant | $13,470,000 | $ 22.25 |
585 Main Street land acquisition | $ 1,095,000 | $ 9.00 |